601 Prospect StLeavenworthKS66048
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Leavenworth at 601 Prospect St, Leavenworth, KS, 66048 priced at $152,500 converts $1,225/mo rent into $211/mo cash flow after a $746/mo obligation. Total monthly income equals $1,225/mo, and annual cash flow totals $2,530/yr on $50,554 invested. Return on cash invested prints 24.91% in year one, and rental yield reads 9.64% against a $152,500 entry. Equity gained on principal adds $984/yr, while 5% annual appreciation compiles into $42,133 by year five. Five-year ROI reaches 130.29% and total cumulative return in cash sums $65,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,225/mo property income covering a $746/mo payment, not borrower’s personal income.
Single Family
Built in 2011
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66048, Leavenworth, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,636 (100%) |
| Owner Occupied HU | 8,787 (56.2%) |
| Renter Occupied HU | 5,431 (34.7%) |
| Vacant Housing Units | 1,418 ( 9.1%) |
| Median Home Value | $238,560 |
| Average Home Value | $270,904 |
Housing Distribution
Address Breakdown
Residential
14,675
Single Family
14,056
Multi-Family
619
Businesses
964
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Listed by: Adam Massey • Greater Kansas City Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597568